Welcome to my Forex Diary. I am a simple person who lives a normal life like most of you and I have been trying to trade the Forex market successfully. I will be posting my trades, no matter a win or lose and also my thoughts on a specific currency pair. I hope that this Forex Diary could help me mark my mistakes and not to repeat them in future. Feel free to drop me comments or advices when you are free. More..

Wednesday, March 28, 2012

Since I am free at the moment, I'd like to jot down on my Forex diary on a trade I took one Monday. Took a short USD/CHF trade two days back. It went down a little and now it is back up hovering around the price I opened the trade.

Open Price: 0.9062Stop Loss: 0.9160

I took this trade based on last 2 weeks Pinbar which seems like it is still valid. Or is it not?

The daily chart when I open the trade as below.

The USD/CHF chart as of today. The 0.9000 area seems to be a problem for the price to move pass it.